Domino’s Pizza Inc $DPZ Shares Purchased by Citigroup Inc.

Citigroup Inc. raised its stake in Domino’s Pizza Inc (NASDAQ:DPZFree Report) by 29.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,385 shares of the restaurant operator’s stock after acquiring an additional 18,731 shares during the period. Citigroup Inc. owned 0.24% of Domino’s Pizza worth $35,135,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in DPZ. Atlantic Union Bankshares Corp purchased a new stake in shares of Domino’s Pizza in the 2nd quarter valued at about $34,000. CYBER HORNET ETFs LLC purchased a new stake in Domino’s Pizza in the second quarter valued at approximately $42,000. Westpac Banking Corp boosted its holdings in shares of Domino’s Pizza by 31.2% in the second quarter. Westpac Banking Corp now owns 101 shares of the restaurant operator’s stock valued at $46,000 after acquiring an additional 24 shares during the period. MUFG Securities EMEA plc acquired a new stake in shares of Domino’s Pizza in the second quarter valued at approximately $46,000. Finally, Smartleaf Asset Management LLC grew its position in shares of Domino’s Pizza by 64.2% during the third quarter. Smartleaf Asset Management LLC now owns 110 shares of the restaurant operator’s stock worth $48,000 after acquiring an additional 43 shares during the last quarter. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Insider Buying and Selling at Domino’s Pizza

In other news, EVP Kelly E. Garcia sold 4,870 shares of the stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $434.06, for a total value of $2,113,872.20. Following the completion of the transaction, the executive vice president owned 6,744 shares in the company, valued at $2,927,300.64. This trade represents a 41.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.83% of the stock is currently owned by company insiders.

Domino’s Pizza Trading Up 3.5%

NASDAQ DPZ opened at $414.20 on Wednesday. The stock has a market capitalization of $14.00 billion, a price-to-earnings ratio of 23.57, a PEG ratio of 1.89 and a beta of 1.15. The business’s 50 day moving average is $406.28 and its two-hundred day moving average is $420.23. Domino’s Pizza Inc has a 12-month low of $370.70 and a 12-month high of $500.55.

Domino’s Pizza (NASDAQ:DPZGet Free Report) last posted its quarterly earnings results on Monday, February 23rd. The restaurant operator reported $5.35 EPS for the quarter, missing the consensus estimate of $5.38 by ($0.03). Domino’s Pizza had a net margin of 12.18% and a negative return on equity of 15.28%. The business had revenue of $1.54 billion during the quarter. During the same period in the prior year, the company earned $4.89 earnings per share. Domino’s Pizza’s revenue for the quarter was up 6.4% on a year-over-year basis. Equities analysts forecast that Domino’s Pizza Inc will post 16.74 earnings per share for the current fiscal year.

Domino’s Pizza Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Friday, March 13th will be given a dividend of $1.99 per share. This represents a $7.96 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Friday, March 13th. This is an increase from Domino’s Pizza’s previous quarterly dividend of $1.74. Domino’s Pizza’s payout ratio is presently 39.61%.

Analyst Ratings Changes

Several analysts recently commented on DPZ shares. UBS Group set a $500.00 price target on shares of Domino’s Pizza and gave the company a “buy” rating in a research report on Friday, February 13th. Benchmark reiterated a “buy” rating on shares of Domino’s Pizza in a research note on Monday. Hovde Group set a $460.00 price target on Domino’s Pizza in a research report on Monday, January 5th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $470.00 price objective on shares of Domino’s Pizza in a research note on Tuesday. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Domino’s Pizza in a research note on Tuesday. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Domino’s Pizza presently has a consensus rating of “Hold” and a consensus target price of $476.07.

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Domino’s Pizza News Summary

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Domino’s Pizza Company Profile

(Free Report)

Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.

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Institutional Ownership by Quarter for Domino's Pizza (NASDAQ:DPZ)

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